Eminent domain: compensation: loss of goodwill.

Existing law requires the governing body of a public entity to adopt a resolution of necessity, as specified, and send related notices before commencing an eminent domain proceeding. Existing law provides that an owner of property taken by eminent domain is entitled to compensation and imposes certain requirements on the owner in order to be compensated for loss of goodwill, as described. This bill would further require, for the owner of a business to be compensated for loss of goodwill, that the business owner adduce sufficient evidence to permit a jury to find that goodwill existed prior to the taking.